Record investment by company
BP gets go-ahead for £200m North Sea oil fields
The two fields will come on stream in 2020 (pic: BP)
A £200 million project to extract 30 million barrels of oil from the North Sea has been given the go-ahead by the regulator.
The Oil and Gas Authority (OGA) has given BP its blessing to develop the Alligen and Vorlich fields in the central North Sea.
Alligin and Vorlich are satellite fields located near to existing infrastructure meaning they can be rapidly developed through established offshore hubs.
Alligin, a two-well development west of Shetland, will be tied back to BP’s Glen Lyon floating, production, storage and offloading (FPSO) vessel.
Vorlich, a two-well development 150 miles east of Aberdeen, will be tied back to an Ithaca Energy operated floating production facility at the centre of Greater Stella Area production hub. Ithaca has a 34% interest in Vorlich.
The fields are expected to come on stream in 2020 and will produce 30,000 barrels of oil equivalent per day at peak production.
BP North Sea regional president Ariel Flores said: “Through our Alligin and Vorlich developments we are simplifying and accelerating the stages of delivery to improve project cycle time, reduce costs and, importantly, add new production to our North Sea portfolio.
“These projects follow on from a period of record investment by BP in the North Sea which helped deliver our Quad 204 project last year and will deliver our Clair Ridge project which is planned to start up later in 2018.
“While not on the same scale as Quad 204 and Clair Ridge, Alligin and Vorlich will lead to significant production gains and further demonstrate BP’s commitment to the North Sea.”
In April, BP announced its intent to develop Vorlich and Alligin, another project in its subsea tieback programme. Alligin is a two-well development west of Shetland which will be tied back to BP’s Glen Lyon floating, production, storage and offloading (FPSO) vessel.